pump.fun acquires the trading terminal Padre, and the PADRE token will no longer be used on the platform

pump.fun announced the acquisition of the trading terminal Padre, with the acquisition amount undisclosed. The announcement stated that after the acquisition, Padre will continue to operate as usual, including token trading on each launchpad and decentralized exchange on Solana, BNB Chain, Ethereum L1, and Base. The PADRE token will no longer be used on the platform, and there are no further future plans. pump.fun stated that this acquisition will enhance the user experience of pump.fun.